Choice Hotels vs Travelodge Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Choice Hotels vs Travelodge Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Choice Hotels Franchise
Travelodge Hotels Franchise
Investment $88,050 - $13,166,100$184,960 - $8,424,593
Franchise Fee $10,000 - $60,000$35,000 - $38,000
Royalty Fee Varies4.5%
Advertising Fee Varies4%
Year Founded 19391939
Year Franchised 19621966
Term Of Agreement 20 years15 years
Term Of Agreement 20 years15 years
Renewal Fee --


Business Experience Requirements
 
Choice Hotels Franchise
Travelodge Hotels Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Choice Hotels Franchise
    Travelodge Hotels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesNo/Yes
    Inventory No/YesYes/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Choice Hotels Franchise
    Travelodge Hotels Franchise
    Training - On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is allowed.

    		 International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Choice Hotels Franchise
    Travelodge Hotels Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesYes

    Company Overviews

    About Choice Hotels

    A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters). owners set about to create a set of quality standards for motels and agreed to publish the names of establishments that complied with these standards. In 1940, the group officially named itself Quality Courts United Inc. In 1990, Quality became known as Choice Hotels International Inc. The hotels in the chain now include Sleep, Comfort, Quality, Clarion, Rodeway, Econo Lodge and Cambria.

    "Top     ""
    #29 in Canada's Top franchises.


    About Travelodge Hotels

    Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.

    Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:

    * Wyndham Rewards, the world's biggest lodging rewards program*
    * Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
    * Pet Friendly Locations
    * Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
    * Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
    * Free day by day daily papers * In-room espresso
    * Pools and/or meeting rooms at numerous areas
    * Sleepy Bear Den rooms at numerous areas

    *Based on the quantity of partaking properties.

    The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
    The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to
    $2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate.

    "Top     "Entrepreneur
    #112 in Canada's Top franchises.
    #112 in Franchise 500 for 2020.
    #338 in Franchise 500 for 2021..